Bytom (BTM)

Current price: $ 0.01

24 hours price change: $ 0.0008 (6.31%)

Daily analysis of Bytom (BTM) - 6 months

The performance of Bytom regarding the price differs every day. To make the best decision to buy Bytom, we are analysis in this article the performance of Bytom on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 6 months, starting on June 19th, 2018 to December 18th, 2018.

In the barchart below, the weekdays and average performance of Bytom are shown side by side.

Average daily change in price of Bytom per weekday between 06/19/2018 and 12/18/2018.

According to the performance of Bytom between June 19th, 2018 and December 18th, 2018, Bytom performed the best on Fridays. On average, the price of Bytom increased 61.90% on Friday.

The weekday on which the Bytom performed the worst, is Tuesday. On Tuesdays, the Bytom declined in value on average by -0.86%.

Bytom weekday performance

The increase in value of the Bytom is 3.46% on an average Sunday. However, the uncertainty on the average change is high for the Bytom on Sundays. This is the reason why an expected increase of the Bytom on an average Sunday cannot be predicted. The standard deviation for Bytom on Sundays is high, namely 11.47%. This means that the expected range of value change for the Bytom is -8.00% and 14.93% on 68% of the Sundays.

Bytom increased in value on an average Monday only slightly. The average increase in value of the Bytom was 0.19%. Allthough the Bytom closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.88%). This means that on 68 percent of the Mondays, the change in price of the Bytom is expected to be in the range of -1.69% and 2.06%.

On Tuesdays, the Bytom decreases in value on average with -0.86%. On most of the Tuesdays the Bytom decreases in value between -5.13% and 3.41%. The uncertainty (4.27%) is higher than the average decline percentage (-0.86%). Therefore, expected range of price changes of the Bytom on Tuesdays is large.

The increase in value of the Bytom is 20.89% on an average Wednesday. However, the uncertainty on the average change is high for the Bytom on Wednesdays. This is the reason why an expected increase of the Bytom on an average Wednesday cannot be predicted. The standard deviation for Bytom on Wednesdays is high, namely 108.59%. This means that the expected range of value change for the Bytom is -87.70% and 129.48% on 68% of the Wednesdays.

On an average Thursday, the Bytom increased 0.42%. However, since the expected deviation is 4.41%, the Bytom will decline in value on a Thursday quiet regularly. The expected price change of the Bytom on a Thursday is between -3.99% and 4.83%.

The increase in value of the Bytom is 61.90% on an average Friday. However, the uncertainty on the average change is high for the Bytom on Fridays. This is the reason why an expected increase of the Bytom on an average Friday cannot be predicted. The standard deviation for Bytom on Fridays is high, namely 168.60%. This means that the expected range of value change for the Bytom is -106.70% and 230.50% on 68% of the Fridays.

Bytom increased in value on an average Saturday only slightly. The average increase in value of the Bytom was 0.04%. Allthough the Bytom closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.84%). This means that on 68 percent of the Saturdays, the change in price of the Bytom is expected to be in the range of -1.80% and 1.88%.

Bytom weekday performance details

Find below the details of the performance of Bytom per day of the week. Both the average change in percentage and the standard deviation. The higher the standard deviation is, the higher the variation within the range of average change. Therefore, the 68% range has been added, which represents the change in price on 68% of the days.